TRX Surges 2% After $1 Billion Buyback Announcement and USDT Transfer Volume Milestone

TRXUSDT has experienced a 2.04% price increase over the past 24 hours, rising from 0.3535 to 0.3607 on Binance. This upward movement is primarily attributed to positive sentiment following the announcement of a $1 billion buyback program, which has driven bullish momentum and increased market participation. Additional support comes from TRON surpassing Ethereum in USDT transfer volume and ongoing collaborative efforts to enhance security and compliance in the sector. The current market shows strong liquidity, with trading volumes ranging from $743.95 million to $3.30 billion and a circulating supply of approximately 95 billion TRX, while the price remains near recent highs and technical indicators suggest overbought conditions.